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Published on 12/18/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Dasny defeases $83.78 million of 2007B NYU Hospitals revenue bonds

By Tali Rackner

Norfolk, Va., Dec. 18 – The Dormitory Authority of the State of New York defeased $83.78 million of its series 2007B NYU Hospitals Center revenue bonds, according to a notice.

The authority will redeem $26,215,000 of 5.25% bonds due July 1, 2024 and $57,565,000 of 5.625% bonds due July 1, 2037.

The bonds will be redeemed at par plus accrued interest on July 1, 2017.

The Bank of New York Mellon is the trustee.


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